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CARBON (€/T) FRIMON VAR D-1 VAR W-1AVG.MAXMIN 26/929/9FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202575.98 76.790.810.5872.6683.9360.94CO2 EUA DEC 202678.00 78.820.820.5874.6386.3562.54CO2 EUA DEC 202780.27 81.100.830.5976.9389.0764.54CO2 EUA DEC 202882.84 83.670.830.6179.5091.9466.86UK ETS DEC 25 EUR 62.13 63.461.33-1.2555.9267.0437.35UK ETS DEC 26 EUR 65.12 66.401.28-1.3458.5170.0439.48UK ETS DEC 27 EUR 68.06 69.351.29-1.4761.2673.1442.14European carbon prices soared on Monday, fuelled by potential last-minutecompliance purchases, tighter auction volumes, and anticipated higherdemand. As a result, the EUAs expiring in Dec-2025 advanced by 1% to 76.79EUR/tonne.CO2 EUAEXCHANGE RATES FRIMONVAR D-1 VAR W-1AVG.MAXMIN 26/929/9FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1672 1.17230.0051-0.00581.11871.18371.0198RATE EUR/GBP0.8740 0.8723-0.0017-0.00060.85070.87480.8253RATE GBP/EUR1.1442 1.14640.00220.00081.17581.21171.1431The EUR/USD pair rebounded by 0.4% to 1.1723 on Monday as looming USgovernment shutdown risks and expectations of consecutive Fed rate cutsweighed on the Dollar.In contrast, the EUR/GBP rate slipped by 0.2% to 0.8723, pressured by theview that the BoE will hold rates, even as Eurozone consumer sentimentimproved but stayed below average. Key data ahead include Germany’s Augustretail sales and UK Q2 GDP, due Tuesday.